Buying the college vote

Discussion in 'Politics' started by chanel, Oct 26, 2011.

  1. chanel
    Offline

    chanel Silver Member

    Joined:
    Jun 8, 2009
    Messages:
    12,130
    Thanks Received:
    2,746
    Trophy Points:
    98
    Location:
    People's Republic of NJ
    Ratings:
    +2,749
    Obama’s politically-motivated plan to help college students repay their loans « Hot Air

    10% of DISCRETIONARY income; then 20 years - bye bye.

    Let's say, Johnny owes 120K and gets a decent job making 40K.

    How much will he screw the taxpayers for?

    Can someone help me with the math?
     
  2. Teals_Of_Wonder
    Offline

    Teals_Of_Wonder BANNED

    Joined:
    Oct 10, 2011
    Messages:
    1,683
    Thanks Received:
    121
    Trophy Points:
    0
    Location:
    Naples
    Ratings:
    +121
    I am still waiting for Obama to forgive all Visa/Matercard/Amex/Discover debt.
     
  3. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251
    Shit this ain't nothing. Last week Biden was trying to convince a bunch of 4th Graders to go home and tell their parents to support Obama's Jobs bill.

    These people have no shame, and they know they need the least informed Voters to come out in Masses to re-elect them.
     
  4. chanel
    Offline

    chanel Silver Member

    Joined:
    Jun 8, 2009
    Messages:
    12,130
    Thanks Received:
    2,746
    Trophy Points:
    98
    Location:
    People's Republic of NJ
    Ratings:
    +2,749
    What the hell are these kids protesting? Paying back a couple bucks a month? Seriously? Are they stupid or just too lazy to fill out the forms? If I am paying for my kids' college, can I get the same deal? Where's my fucking cookie?

    This is infuriating to me.
     
  5. Zoom-boing
    Offline

    Zoom-boing Gold Member

    Joined:
    Oct 30, 2008
    Messages:
    25,064
    Thanks Received:
    7,260
    Trophy Points:
    260
    Location:
    East Japip
    Ratings:
    +10,123
    Unfuckinbelievable.
     
  6. Si modo
    Offline

    Si modo Diamond Member

    Joined:
    Sep 9, 2009
    Messages:
    41,538
    Thanks Received:
    6,382
    Trophy Points:
    1,810
    Location:
    St. Eligius
    Ratings:
    +8,703
    Funny. I got a loan for my last semester of undergrad. My parents guaranteed me four years and it took me an extra semester.

    The terms of that loan were that I had a six month grace period from graduation to get a job, etc., then interest started adding onto it and I had to make payments.

    I had to go overseas for two years immediately after college. Came back, and my first paycheck in the states had that as a deduction - garnished. I didn't know what it was (had forgotten...it happens *blush*) and found out. So, I paid it off in one check to get it out of the way.

    Boy, loans sure have changed.
     
    Last edited: Oct 26, 2011
  7. SFC Ollie
    Offline

    SFC Ollie Still Marching

    Joined:
    Oct 21, 2009
    Messages:
    28,742
    Thanks Received:
    4,418
    Trophy Points:
    183
    Location:
    Extreme East Ohio
    Ratings:
    +4,458
    Hey, it's not his money.........................
     
  8. Avorysuds
    Offline

    Avorysuds Gold Member

    Joined:
    Jul 4, 2010
    Messages:
    13,834
    Thanks Received:
    1,655
    Trophy Points:
    245
    Location:
    Eugene Oregon
    Ratings:
    +2,141
    Like Ron Paul said, when the Government makes everyone able to go to school you get massive debt and no jobs because you flood the market. This is why the free market works so well VS idiots trying to play God.
     
  9. Charles_Main
    Offline

    Charles_Main AR15 Owner

    Joined:
    Jun 23, 2008
    Messages:
    16,692
    Thanks Received:
    2,238
    Trophy Points:
    88
    Location:
    Michigan, USA
    Ratings:
    +2,251
    If these idiots fall for this, they are stupid.

    Today obama announced how he is going to save them all "a lot of money" on their Monthly payments.

    So how much money? from 4.50 to 7.50 a month total.

    Woot, talk about a wind fall.
     
    • Thank You! Thank You! x 2
  10. chanel
    Offline

    chanel Silver Member

    Joined:
    Jun 8, 2009
    Messages:
    12,130
    Thanks Received:
    2,746
    Trophy Points:
    98
    Location:
    People's Republic of NJ
    Ratings:
    +2,749
    Drudge Headline today: 'THE CANDY MAN: STIMULUS FOR STUDENTS"
     

Share This Page